Yes, criminal activity spikes during peak shopping season. But the most damaging fraud often doesn’t happen in November or December. It happens months later, after the holidays have passed and attention has shifted, using accounts that were created, compromised, or harvested during peak volume. Fraudsters don’t treat the holidays as a sprint, they treat them as account setup season. Fraudsters use the holidays to set up sleeper accounts and synthetic identities, and to harves

Klarna is just now learning what many in fraud prevention have known for years: synthetic identity fraud doesn’t start with stolen credit cards, it starts with unvetted digital identities. For years, email addresses have been treated as little more than a communication channel, a box to check during account creation. That assumption is now proving to be dangerously outdated . Email is often the first persistent identifier tied to consumer, vendor, and partner accounts. When e

Across the payments ecosystem, criminals need validated, “live” cards because stolen cards are the fuel for almost every form of online payment fraud. The sooner they confirm which cards work, the sooner they can monetize them and fraud can hide more easily. These cards include traditional consumer Visa and Mastercard branded cards from issuing banks, private label, commercial, and even gift cards.  But here’s the problem: many organizations, including banks, don’t see these

Every executive decision relies on trustworthy numbers. Metrics like CAC (Customer Acquisition Cost), CLTV (Customer Lifetime Value),...

(Excerpts from the recently published Special Report, “ The Economics of Credential Stuffing Attacks and Account Takeover Fraud ” by...

Credential stuffing is a serious cyberattack because it’s cheap, easy to scale, and takes advantage of the common problem of people...

Bridging the Divide Between Breach Data and Actionable Intelligence It has been a year since the massive AT&T data breach shook the...

In our digital-first world, passwords, combined with an email address or User ID, are the primary gatekeepers to vast amounts of...

Imagine Johnny, an AI expert, famous for his globetrotting talks, boasting about racking up over a million Delta miles. Unbeknownst to...

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#phishing #itcanhappentoanyone #fraudprevention

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Story time! Gather 'round and gain some wisdom. #identityintelligence #bestpractice #fraudprevention